Question 115 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question No. 115- Chapter No.4 - T.S. Grewal +2 Book Part B

Question 115 Chapter 4 of +2-B

Operating Ratio

115. Calculate Cost of Revenue from Operations from the following
information: Revenue from Operations Rs. 12,00,000; Operating Ratio 75%; Operating Expenses Rs. 1,00,000.

 

The solution of Question 115 Chapter 4 of +2-B: –

 

Net Sales = Rs. 12,00,000
Operating Ratio = 75%
Operating Expense = Rs. 1,00,000

 

Operating Ratio = Operating Cost X 100
Net Sales
75% = Operating Cost X 100
Rs. 12,00,000
Operating Cost = Rs. 12,00,000
75%
  = Rs. 9,00,000

 

Operating Cost = Cost of Revenue from Operations + Operating Expenses
Rs. 9,00,000 = Cost of Revenue from Operations + Rs. 9,00,000
Cost of Revenue from Operations = Rs. 9,00,000 – Rs. 1,00,000
  = Rs. 8,00,000

 

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

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